Bank of America holds 1.7% of Galiano Gold (GAU) through subsidiaries

Rhea-AI Filing Summary

Bank of America Corporation has filed an amended Schedule 13G reporting beneficial ownership of 4,433,523 common shares of Galiano Gold Inc. This represents 1.7% of the outstanding common shares, based on 259,438,440 shares reported outstanding as of September 30, 2025.

Bank of America reports no sole voting or dispositive power and shared voting and dispositive power over all 4,433,523 shares, through subsidiaries including BofA Securities, Inc., Merrill Lynch International, and Merrill Lynch Canada. The filing states the position is held in the ordinary course of business and not for the purpose of influencing control of Galiano Gold.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

Galiano Gold Inc.

(Name of Issuer)

Common Shares

(Title of Class of Securities)

36352H100

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 36352H100

1

Names of Reporting Persons

BANK OF AMERICA CORP /DE/

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 4,433,523.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 4,433,523.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

4,433,523.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

1.7 %

12

Type of Reporting Person (See Instructions)

HC

Comment for Type of Reporting Person: The beneficial ownership calculation relies on the 259,438,440 outstanding shares disclosed in the Form 6-K by the issuer on November 7, 2025, which reports share totals as of September 30, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Galiano Gold Inc.
(b)	Address of issuer's principal executive offices: 680 - 1066 WEST HASTINGS STREET, VANCOUVER, BRITISH COLUMBIA, CANADA, V6E 3X2.
Item 2.
(a)	Name of person filing: BANK OF AMERICA CORP /DE/
(b)	Address or principal business office or, if none, residence: 100 N TRYON ST CHARLOTTE, NC 28255
(c)	Citizenship: Delaware
(d)	Title of class of securities: Common Shares
(e)	CUSIP No.: 36352H100
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 4,433,523.00
(b)	Percent of class: 1.7%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0.00
	(ii) Shared power to vote or to direct the vote: 4,433,523.00
	(iii) Sole power to dispose or to direct the disposition of: 0.00
	(iv) Shared power to dispose or to direct the disposition of: 4,433,523.00
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This statement on Schedule 13G is being filed by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc., a broker dealer registered under section 15 of the Act (15 U.S.C. 78o); Merrill Lynch International, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J); and Merrill Lynch Canada, a non-U.S. institution in accordance with section 240.13d-1(b)(1)(ii)(J).
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

BANK OF AMERICA CORP /DE/

Signature:	/s/ Andres Ortiz
Name/Title:	Authorized Signatory
Date:	02/11/2026

FAQ

What stake does Bank of America report in Galiano Gold (GAU)?

Bank of America reports beneficial ownership of 4,433,523 Galiano Gold common shares, representing 1.7% of the class. This percentage is based on 259,438,440 shares outstanding as of September 30, 2025, as disclosed by Galiano in a prior Form 6-K filing.

Does Bank of America control its Galiano Gold (GAU) shares?

Bank of America reports no sole voting or dispositive power over Galiano Gold shares, but shared voting and dispositive power for all 4,433,523 shares. The position is held through subsidiaries and is described as being in the ordinary course of business, not to influence control.

How was the 1.7% ownership in Galiano Gold (GAU) calculated?

The 1.7% ownership figure is calculated using 259,438,440 Galiano Gold common shares outstanding as of September 30, 2025. That share count comes from a Form 6-K filed by Galiano on November 7, 2025, which Bank of America cites in the Schedule 13G amendment.

Which Bank of America entities hold Galiano Gold (GAU) shares?

The filing states it is made by Bank of America Corporation on behalf of itself and its wholly owned subsidiaries BofA Securities, Inc., Merrill Lynch International, and Merrill Lynch Canada. These subsidiaries collectively hold the reported Galiano Gold common shares with shared voting and dispositive power.

Is Bank of America a large shareholder of Galiano Gold (GAU)?

Bank of America reports owning 1.7% of Galiano Gold’s common shares, which is explicitly described as ownership of 5 percent or less of the class. This indicates a relatively small, non-controlling stake, held in the ordinary course rather than to influence corporate control.

What is the purpose of Bank of America’s Galiano Gold (GAU) holding?

Bank of America certifies the Galiano Gold shares were acquired and are held in the ordinary course of business. It further certifies the position was not acquired and is not held for changing or influencing control of Galiano, nor as part of any control-related transaction.